Highway Funding Presents New Test Of Bipartisanship

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By John D. McKinnon WASHINGTON--Fresh off their victory on trade legislation, President Barack Obama and the Republican Congress in the coming weeks will face another test of their ability to work together on an issue important to business: highway funding. ...

China Shares Rise After Beijing's Weekend Rescue--3rd Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Gregor Stuart Hunter Chinese shares rose early Monday, after Beijing cranked up efforts over the weekend to stem a three-week selloff that has wiped out about $2.4 trillion in value. The Shanghai Composite is up 4% after gaining as ...

Shanghai Market Slide Is Still Far Short of 2008 Plunge

TODAY: July 6, 2015 PUB DATE: July 6, 2015

China's recent stock drop has been the toughest test for the country's investors in seven years, since the bottom fell out of a historic boom cycle for the market. Worries back then about rising Chinese inflation and interest rates stopped ...

Wage Measures Send Mixed Signals

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Jeffrey Sparshott The latest wage data were disappointing for American workers. But several other measures of earnings are sending much more upbeat signals, creating a confusing picture at a crucial moment for the U.S. economy. Determining the real trend ...

Oil Sinks on Greek Vote, Focus on Iranian Nuclear Deal

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Eric Yep Crude-oil futures slumped in Asian trade Monday in line with a fall in wider commodities markets after Greece voted to reject the terms of its current bailout agreement in a weekend referendum. After being stuck in a ...

German Manufacturing Orders Fell Less Than Expected in May

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Emese Bartha FRANKFURT-German manufacturing orders fell less than expected in May, while the upswing in April was stronger than previously estimated, possibly providing ground for cautious optimism in Europe's largest economy. Manufacturing orders fell by 0.2% in May on ...

European Shares Fall After Greek Vote -- 2nd Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Josie Cox European stocks and the euro fell after Greeks rejected creditors' demands in Sunday's referendum. However, the losses weren't as steep as many investors and analysts had expected. Some are still reluctant to make major bets with so ...

China Overseas Land to Spinoff Property Unit in Hong Kong

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Joanne Chiu China Overseas Land & Investment Ltd. (0688.HK) plans to spin off its property unit in a separate listing on the Hong Kong stock exchange. The blue-chip Chinese developer said Monday it has submitted an application to the ...

European Shares Tumble After Greek Vote -- Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Josie Cox European shares and the euro fell Monday, a day after Greeks overwhelmingly voted against their international creditors' conditions for further bailout aid. The bloc's single currency fell as low as $1.0952 during Asian trading hours Monday, before ...

Asian Shares: Hong Kong Shares Take the Plunge -- 7th Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Gregor Stuart Hunter Stocks in Hong Kong tumbled on Monday, following shares elsewhere in Asia lower after Greeks voted to reject terms of a bailout. Hong Kong's Hang Seng Index fell 4.2%, entering correction territory, defined as a drop ...

Aetna, Humana Get Ahead Of Pack

TODAY: July 6, 2015 PUB DATE: July 6, 2015

(FROM THE WALL STREET JOURNAL 7/6/15) By Anna Wilde Mathews, Liz Hoffman and Dana Mattioli In the game of merger musical chairs the five biggest health insurers have been playing lately, Aetna Inc. and Humana Inc. hustled to grab the ...

Euro Tumbles As Greek Drama Unfolds

TODAY: July 6, 2015 PUB DATE: July 6, 2015

WELLINGTON, New Zealand?The euro took an early morning tumble in Asia and traders are gearing up for more volatility after a first official projection of Greece's referendum outcome, based on early counting, indicated at least 61% of Greeks voted "no" ...

Rolls-Royce Suspends Share Buybacks After Weak Interim Trading

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Tapan Panchal LONDON-- Rolls-Royce Holdings PLC is suspending its share-buyback program after sluggish demand for its less powerful aircraft turbines and marine engines have weighed unexpectedly on profit so far this year. The engineering group, one of the U.K.'s ...

Malaysia's Ringgit Buckling Under Political Pressure

TODAY: July 6, 2015 PUB DATE: July 6, 2015

SINGAPORE?Malaysia's currency fell to its weakest level against the U.S. dollar since the Asian financial crisis Monday, as political pressure builds against the country's prime minister and Greece's possible exit from the eurozone rattles investors. The ringgit is Asia's worst-performing ...

European Shares Fall After Greek Vote -- 3rd Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Josie Cox European stocks and the euro fell after Greeks rejected creditors' demands in Sunday's referendum. However, the losses weren't as steep as many investors and strategists had expected, with some saying it was difficult to make major bets ...

Investors Brace for Big Moves in Wake of Greek Vote--Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Tommy Stubbington And Dan Strumpf Investors are steeling themselves for a rough ride Monday after Greek voters appeared to drive a deeper wedge between the country and its creditors, a move that piles pressure on stocks, bonds of some ...

Athens Streets Throng With Revellers

TODAY: July 6, 2015 PUB DATE: July 6, 2015

Greece's risky electoral confrontation with its creditors exploded into a cathartic street party in Athens late Sunday, as a nation that has been pushed to the brink of economic despair rejoiced at its resolve to not blink in a high-stakes ...

China Shares Rise After Beijing's Weekend Rescue--4th Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Gregor Stuart Hunter Chinese shares rose early Monday, after Beijing cranked up efforts over the weekend to stem a three-week selloff that has wiped out about $2.4 trillion in value. China's indexes are cooling off after an initial spike ...